Eidos Share Discussion Threads

[the crypt] 13/1/2009 14:17

They ate them pears from the tree!!!

[the crypt] 13/1/2009 14:08

how much did Eidos get for each unit of TRU sold to retailer?????????????????????? How many units were sold to retailers??????
trying to determine the revenue generated........................ eat yer socks Rogers habit!

[the crypt] 13/1/2009 13:59

egg the board on...... make a statement about about eggs.

[the crypt] 13/1/2009 13:50

what experience do these chumps have outside of Eidos??????????????????????

[the crypt] 13/1/2009 13:48

the board seem child like.....very silly.

[the crypt] 13/1/2009 13:17

I still think the board must be sacked!!!!!!!!!!!!!!!!!!!!!! Especailly Roger and the Finance Director. They must take the blame..................no excuses.

[the crypt] 13/1/2009 13:07

way too cheap considering the titles held and the fact that WB are a major shareholder......................the price is reflection on the quality of the management.

[periorellis] 13/1/2009 11:49

Theband? you and me together brother

[5huu] 13/1/2009 11:25

I agree Dealy, way too cheap. I think we can expect to see TW increasing their holding very soon if we remain sub 10p.

[dealy] 13/1/2009 10:56

£25m market cap is way way too low for a company of this size.

Somebody will realise this soon and put in a bid.

[the crypt] 13/1/2009 10:47

the bannd - there are idiots on this board all the time..welcome to idiots baord. Anyone who holds Eidos shares must be an idiot. That includes Rogers.

[the crypt] 13/1/2009 10:27

theband - you are a fool.

[theband] 13/1/2009 10:14

Idiots on this board today
i'm selling at these levels and lower

[the crypt] 13/1/2009 09:52

lol all the holders are too shell shocked !!!!!!!!!!! LOL SACK THE BOARD!

[the crypt] 13/1/2009 00:17

the band...you aint welcome...you hold more shares than the CEO AND CFO ---lol - whats a wimp?

[life of crime] 12/1/2009 20:46

Well, (not for the first time) we will have to agree to disagree. I think they have a lot of assets apart from TR. What about Hitman? What about DX, Thief, JC, BS, K&L? What about CD, IO and their other studios? What about their back catalogue and publishing/distribution business?

Remember TW paid £100M for one studio (TT) who did not even own the Lego IP and have called it a "wild" success. I think TW have already shown their intention to acquire Eidos and I don't see the poor timing of TRU's release as being enough reason to put them off. I think your point about TW being tapped for cash if the bank does not co-operate is realistic and would be the precursor to a buy out IMO. But this is all supposition and assumes the bank won't help and that the strong second half line up does not perform. There is still a lot to play for.

[alanrex] 12/1/2009 20:44

im disappointed by the update but not catastrophically so. I havent looked through in detail and I havent played around with the no.s. but im disapppointed by the share price reaction given that the news should have largely been in the price. Currently this is the only blemish on my recent acquistions, having broight in closer to 20p. I will though look through in detail and play around with a model if i get time. instinctively I feel relatively positive about share price and I will consider buying more, although i may wait for the dust to settle.

al imo dyor.

[darrens] 12/1/2009 19:47

Well, I admit I'm looking at the press reports to try and see if there's any glimmer of hope that the management have thought of a way out of the mess, but the actual mess is all in the trading statement itself.

From the horse's mouth so I'm taking that as fact.

There doesn't seem to be much ambiguity around the facts that they are forecasting to end the year cash negative (that's why they need a loan) and that they aren't forecasting to make a profit (which is why they will break their covenants).

I can't see any other interpretation.

So, they'll absolutely need to rollover debt to survive and that's what seems unlikely.

In a year they've taken a £35m cash pile (what they had left after the placing), thrown all that away and a load more. That's a year where they had the release of their biggest franchise.

Can you see anybody loaning them more money? I can't.

As for TW stepping in to compete for assets, I have to ask what assets? The only thing of any value is TR and the value of that must be seriously, seriously damaged. Take away TR and what's left that anybody would pay money for?

I don't think anybody will pay more than buttons for the rest of their ip and not a penny for the studios.

I'm not trying to be pessimistic, or downbeat, just calling it as I see it. I've always said they were (stupidly) gambling the company on TRU and its a gamble that hasn't paid off.

It's too late for the 10 point plan (particularly since one of the points was to release TRU away from the Christmas window!).

[lionheart79] 12/1/2009 19:43

It looks like Batman is the appointed saviour of Eidos. However, I have an inkling that the deal with TW, struck when Cavanagh was in office, is not particularly favourable to Eidos. It is going to have to be a bigger hit than TRU, for sure.

[life of crime] 12/1/2009 19:05

I certainly agree with your comments re the management, Darren. The CFO was talking twaddle about the 50/50 US/RoW split and TR for girls is, as you say, too stupid for words. Hopefully it was just a throw away comment and there will be a comprehensive post mortum that could take months and use lots of market testing. If so, then it would make some sense to slim the CD team while they figure where they go with the brand.

I like the thought of TW injecting some management expertise because I've already lost faith in Rogers and the CFO. With good leadership and the overall quality of the brands / studios, this can still recover. It's too soon to know if a fund raising will be required because we don't know how the second half line up will perform. If they can achieve £160M-180M then I would have thought they can make it through without needing to tap the markets. If worst were to happen, they could sell some of their assets, eg CD, IO, or some of the IP, to avoid a melt down, although of course that would be bad news (but better than going broke).

I respect your comments Darren, especially with your track record, but I think you may be reading too much into the press reports. Even in the most dire analysis, I think TW would step in to buy the firm rather than competing for assets in a break up sale. But they could do worse and re-visit your 10 point plan to implement some cost savings. Closing "Eidos Play" and exiting the mobile/casual space would be my first start, then selling the European distribution business and outsourcing to TW would be next.

I am losing faith in the management but am more optimistic that the games over the next 6 months (esp Batman) will yet bail them out of the mire.

[theband] 12/1/2009 18:02

JNBRW - 12 Jan'09 - 17:20 - 471 of 472
idiots on this board today.
I am buying in at this level and lower


LOL, welcome to the club

[yellow_snow] 12/1/2009 17:57

TRU down to 27 from 14 in the UK charts. Not looking likely that an extra 1m will be shifted anytime soon, only PS2 version to come.